Quartz·1 min read·easy
U.S. existing home sales slipped in June even as prices hit a record high
✦AI Summary
U.S. existing home sales declined in June to an annual rate of 4.09 million, even as median home prices reached a record high of $440,600. The data highlights the ongoing tension between limited housing supply and high market prices.
The median price of a previously owned home reached $440,600 last month, while sales dropped to a 4.09 million annual rate
economybusiness
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